EBRD to Boost Investments in Arab Countries to 2.5 Billion Euros in 2018

The European Bank for Reconstruction and Development (EBRD) aims to boost investments in Arab countries to 2.5 billion euros ($2.92 billion) at the end of 2018 from 2.2 billion in 2017, a senior official said Tuesday. The bank, set up by governments in 1991 to support the ex-Communist states of eastern Europe, has expanded its mandate in the past few years to invest in Jordan, Tunisia, Morocco and Egypt. "Last year we had a record 2.2 billion euros invested in Morocco, Tunisia, Egypt and...

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